Asia L/S Equity PM/Macro/Thematic Idea Generation

Rikki Malik

Commodities

<ul>
<li>A review of recent events/data impacting our investment themes and outlook</li>
<li>The Boj, the Fed, and the ECB all tightened rates this week - with different outcomes</li>
<li>Tightening liquidity globally, but still no signs of a major top</li>
</ul>


A review of recent events/data impacting our investment themes and outlook
The Boj, the Fed, and the ECB all tightened rates this week - with different outcomes
Tightening liquidity globally, but still no signs of a major top


<ul>
<li>A review of recent events/data impacting our investment themes and outlook</li>
<li>Government bond markets continue to exert pressure on other assets</li>
<li>The Japanese Yen has likely confirmed a trend change - expect more volatility</li>
</ul>


A review of recent events/data impacting our investment themes and outlook
Government bond markets continue to exert pressure on other assets
The Japanese Yen has likely confirmed a trend change - expect more volatility


Global Equities, Multi-Asset PM, Dantes Outlook

Damanick Dantes, CMT

Global Equities, Multi-Asset PM

Dantes Outlook

We invest over a full market cycle, using multi-asset portfolios tailored to each global client, from individuals to family offices.

Built to Endure

Cross Asset Strategy

<ul>
<li>U.S. small caps, metals and mining stocks, and gold were key detractors within the portfolio suite, offsetting positive allocation effects in our underweight fixed income exposure. </li>
<li>Aggressive portfolios maintained their outperformance YTD driven by strong selections within the equity asset class.</li>
<li>Positioning changes include commodity diversification beyond gold, adding Japanese equities, and maintaining an underweight to bonds.</li>
</ul>


U.S. small caps, metals and mining stocks, and gold were key detractors within the portfolio suite, offsetting positive allocation effects in our underweight fixed income exposure. 
Aggressive portfolios maintained their outperformance YTD driven by strong selections within the equity asset class.
Positioning changes include commodity diversification beyond gold, adding Japanese equities, and maintaining an underweight to bonds.


Portfolio Update: Broader Commodity Positioning, Narrow Equity Leadership

<ul>
<li>A review of recent events/data impacting our investment themes and outlook</li>
<li>Rate hike expectations yo-yoing as the Fed meeting draws closer, impacting many of our themes</li>
<li>Long Japanese Yen starts to work. Now follow through is needed</li>
</ul>


A review of recent events/data impacting our investment themes and outlook
Rate hike expectations yo-yoing as the Fed meeting draws closer, impacting many of our themes
Long Japanese Yen starts to work. Now follow through is needed


Overview #76 – The Circus Comes to Town

<ul>
<li>A review of recent events/data impacting our investment themes and outlook</li>
<li>Supply shocks are  a symptom of a lack of investment</li>
<li>Risk for a correction within an ongoing bullish trend is high</li>
</ul>


A review of recent events/data impacting our investment themes and outlook
Supply shocks are  a symptom of a lack of investment
Risk for a correction within an ongoing bullish trend is high


Overview #60 - Supply Shocks All the Way Down

United States

Commodity Research Bureau BLS Spot Indices. CRB BLS Spot Indices base: (1967=100)

CRB Commodity Index (CRB CMDT INDEX)

Overview #78 – Not Out of the Woods

A review of recent events/data impacting our investment themes and outlook. Central Bank tightening, Iran taunting the US over rate hikes and a...

Rikki Malik

Overview #77 – Burning Down the House

A review of recent events/data impacting our investment themes and outlook. More of the same - higher oil, higher yields, and the JPY finally...

Rikki Malik

Portfolio Update: Broader Commodity Positioning, Narrow Equity Leadership

Full breakdown of our portfolio suite, performance, and new positioning. We broadened our commodity positioning, added Japan, and maintained a core...

Damanick Dantes, CMT

Overview #76 – The Circus Comes to Town

A review of recent events/data impacting our investment themes and outlook. We look at the change in rate-hike expectations and what it means for...

Rikki Malik

Overview #60 - Supply Shocks All the Way Down

A review of recent events/data impacting our investment themes and outlook. We look at recent supply shocks in the commodity space

Rikki Malik